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Tiny house that can be assembled in 11 minutes is on sale for ,000

As the craze for tiny homes grows across the country while the housing market is currently suffering from a crisis, one company has developed a building in a box that can be assembled in 11 minutes and costs just $8,000.

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The foldable tiny house was originally designed by Washington, DC-based CMAX System as an emergency shelter for humanitarian aid; the CMAX Foundation focuses on providing disaster relief and refugee assistance solutions. However, given the current market, the building could even be attractive to first-time buyers struggling with high mortgage rates and rising prices.

The median sales price of a home in the U.S. was $438,483 in May, according to real estate firm Redfin, up 4.8 percent from a year ago. At $8,000, the price of CMAX System’s tiny house is 54 times lower than the average sales price of a property nationally.

CMAX System Tiny Home
The foldable tiny home from CMAX System is located in a warehouse. It can be assembled in 11 minutes without any tools.

CMAX system

“Designed for emergency use, but still versatile for all other applications,” says Nicolás García Mayor, CEO and founder of CMAX System, in a video promoting the tiny house.

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Newsweek CMAX System emailed CMAX System for comment Wednesday morning.

CMAX’s tiny house is 5.8 meters long, 2.2 meters wide and 2.2 meters high, meaning most people could fit comfortably inside and still have some room left over on top.

What’s particularly notable is that, unlike Ikea furniture, no tools are required to assemble the house. CMAX’s website states that the tiny house, which is delivered and stored flat, can be assembled from the ground by two people in just 11 minutes.

Despite its small size, the house is “resistant to strong winds,” according to the company, and has a lockable door. It can be equipped with additional features such as air conditioning and/or a water treatment plant at the top of its rigid central structure. CMAX can also add solar panels, although all of these additions would incur additional costs for buyers.

The house is as easy to disassemble as it is to assemble and can be moved relatively easily as it only weighs 150 kilograms.

Of course, CMAX’s foldable house is not a permanent housing solution – but the tiny home movement is growing in the US because smaller homes can be much more affordable than larger ones.

According to real estate website RubyHome, there were about 10,000 tiny houses in the U.S. as of January 2024, with an average price of $67,000. Their average size is also much larger than that of CMAX’s foldable building, at 225 square feet. That was still 10 times smaller than the average home in the U.S.

Would you consider buying a tiny home to save money? Do you think it’s a good solution for people who can’t afford larger homes? Let us know by contacting [email protected].